Sadowsky Kenneth 4
4 · Vita Coco Company, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Vita Coco (COCO) Director Kenneth Sadowsky Sells 3,900 Shares
What Happened
Kenneth Sadowsky, a director of Vita Coco Company, Inc. (COCO), sold 3,900 shares of common stock on April 15, 2026 in an open-market transaction for total proceeds of approximately $190,827. The reported weighted-average price was $48.93 per share; individual sale prices ranged from $48.50 to $49.34. This was a sale (code S), which is often routine insider selling rather than a purchase signal.
Key Details
- Transaction date: 2026-04-15; filing date: 2026-04-16 (filed promptly the next day).
- Price: weighted average $48.93; per-share range $48.50–$49.34.
- Shares sold: 3,900; total proceeds: ~$190,827.
- Shares owned after transaction: not reported in this filing.
- Notable footnotes: sales were made pursuant to a Rule 10b5-1 trading plan (F1). The price shown is a weighted average across multiple trades and the filer will provide breakdown on request (F2). The filing also notes a fully vested, currently exercisable stock option (F3), though no option exercise was reported.
- Transaction type: Sale (S). No late filing flag noted.
Context
A 10b5-1 plan indicates these sales were pre‑scheduled and may be routine for insiders managing diversification or liquidity needs; it does not necessarily reflect the insider’s view of the company’s prospects. For retail investors, purchases by insiders tend to carry more informational weight than routine sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-04-15$48.93/sh−3,900$190,827→ 586,566 total
- 27,300
Non-Qualified Stock Option (Right to Buy)
[F3]Exercise: $10.18Exp: 2030-01-02→ Common Stock (27,300 underlying)
Footnotes (3)
- [F1]The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.50 to $49.34, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The stock option is fully vested and currently exercisable.